Lendbuzz Inc., a financial technology company leveraging artificial intelligence and machine learning to assess consumer credit risk for vehicle purchases, has filed a registration statement with the U.

S. Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock.\n\nLendbuzz intends to list its common stock on The Nasdaq Global Select Market under the ticker symbol “LBZZ.” The specific amount of common stock to be offered and the price range for the proposed offering have not yet been determined.\n\nThe company anticipates completing the public offering after the SEC concludes its review process, pending market and other conditions. There is no assurance regarding the completion, actual size, or terms of the offering.\n\nGoldman Sachs & Co. LLC, J.

P. Morgan, RBC Capital Markets, and Mizuho will serve as lead book-running managers for the proposed offering. Additional support will come from TD Securities, Citizens Capital Markets, Keefe, Bruyette & Woods, a Stifel Company, and Needham & Company, who will act as passive bookrunners.\n\nHeadquartered in Boston, Massachusetts, Lendbuzz was founded in 2015. The company specializes in processing extensive datasets through advanced computational approaches to predict consumer creditworthiness more accurately. This approach aims to benefit consumers by expanding access to credit and support auto dealerships through increased vehicle sales.\n\nA registration statement relating to these securities has been filed with the SEC but has not yet become effective. The proposed offering will be made solely by means of a prospectus, copies of which, when available, can be obtained from the lead book-running managers.